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The City Paper article mentions the transaction includes the Capital Bank and Trust Building next door, also. I believe that is where the rumored twin 17 story condos were to go. Is that project now in jeopardy?

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The City Paper article mentions the transaction includes the Capital Bank and Trust Building next door, also. I believe that is where the rumored twin 17 story condos were to go. Is that project now in jeopardy?

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I actually work in this building. From what I have been told, they plan to transform this ugly thing into a "boutique" hotel. We'll see. I've got to tell you...this building is in absolute horrible shape. It deserves to be torn down. But, again, everyone is telling me that it will soon be some fancy hotel. Stay tuned....